Falcon Gold Corp CEO Karim Rayani issued a letter to shareholders, highlighting the achievements of 2021 while sharing details of the oncoming year.
“As a new year begins, I would like to share some of our successes over the past year and objectives for the ensuing year,” said Rayani in the letter. “With the world scale pandemic continuing its attack on the globe, it can be sometimes hard to discern the clear road ahead. Despite all that is happening, my commitment remains the same to our company since the first day I signed on as chief executive officer.”
He added: “My focus is and always has been on creating shareholder value, and it will be no different as we embark on a new year.”
READ: Falcon Gold buys Chile's Viernes project, in one of the world's richest copper producing hubs
The Vancouver, British Columbia-based company said that it is "looking forward to a robust exploration season in 2022."
Falcon said that it continues to build value for stakeholders by acquiring, advancing, and exploring opportunities in the Americas. The company is continuing to build upon the historic results and new discoveries at the Central Canada project as we complete further drilling, modeling, and resource delineation.
The recent acquisitions in Newfoundland, which is witnessing the largest exploration boom and discoveries, are a significant development for Falcon.
In 2022, the company said that the strategies in Chile are opportunistic in building shareholder value in the largest copper-producing areas in the world. Copper demand is expected to increase dramatically in the near future as the world turns to green metal energy.
“We believe that Falcon presents incredible upside potential in 2022 when currently valued at such a low market capitalization as compared to some of our peers in the same jurisdictions,” Rayani added in the letter.
Contact Ritika at ritika@proactiveinvestors.com